Nov (NOV) Cost of Revenue (2009 - 2026)

Nov has reported Cost of Revenue for 18 years, with the latest figure at $1.6 billion in Q2 2026.

• Quarterly Cost of Revenue fell 7.41% year-over-year to $1.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.9 billion (down 1.01% YoY) and the FY2025 annual result came in at $7.0 billion, up 1.71% from the prior year.
• Cost of Revenue declined to $1.6 billion in Q2 2026 per NOV's latest filing, from $1.7 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.8 billion in Q4 2023 and troughed at $1.3 billion in Q1 2022.
• A 5-year average of $1.7 billion and a median of $1.7 billion in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 31.57% in 2022, then dropped 7.41% in 2026.
• Over 5 years, Cost of Revenue stood at $1.6 billion in 2022, then advanced by 13.25% to $1.8 billion in 2023, then retreated by 1.68% to $1.8 billion in 2024, then changed by 0.0% to $1.8 billion in 2025, then fell by 11.13% to $1.6 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.6 billion, $1.7 billion, and $1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.